The side-by-side comparison of Zerodha and Alice Blue. Compare Zerodha Vs Alice Blue brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Zerodha vs Alice Blue?
Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).
Ze...
Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.
AliceBlue offers 2 brokerage plans, 'Trade Pro' and 'Freedom 20' to its customers. In the 'Trade Pro' plan, the company charges percentage-based brokerage. Customers have to pay a fixed percentage of the trading value. For intraday trading, a trader has to pay ...
Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
Zerodha | Alice Blue | |
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Type of Broker | Discount Broker | Discount Broker |
Supported Exchnages | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX |
Account Type | Flat Brokerage Plan | Freedom 20 |
Year of Incorporation | 2010 | |
Number of Branches | 22 | |
Broker Enquiry |
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Enquire Zerodha | Enquire Alice Blue |
Zerodha trading account opening charges is Rs 200 while Alice Blue account opening changes is Equity Rs 310 | MCX Rs 200 | Rs 500 All segments. Zerodha Demat Account AMC Charges is Rs 300 and Alice Blue Demat Account AMC Charges is Rs 400.
Zerodha | Alice Blue | |
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Trading Account Opening Charges | Rs 200 | Equity Rs 310 | MCX Rs 200 | Rs 500 All segments |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 300 | Rs 400 |
Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order or 0.01% whichever is lower.
Zerodha | Alice Blue | |
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Account Type | Flat Brokerage Plan | Freedom 20 |
Fixed Charges | ||
Equity Delivery Brokerage | Rs 0 (Free) | Rs 0 (Free) |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per order or 0.01% whichever is lower |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per order or 0.01% whichever is lower |
Equity Options Brokerage | Rs 20 per executed order | Rs 20 per order |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per order or 0.01% whichever is lower |
Currency Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 10 per order |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per order or 0.01% whichever is lower |
Commodity Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per order |
Special Offer | Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer |
Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat Rs 20 intranet and F&O trade brokerage. Get the offer |
Zerodha | Alice Blue | |
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Account Type | Flat Brokerage Plan | Trade Pro Plan |
Fixed Charges | ||
Equity Delivery Brokerage | Rs 0 (Free) | 0.1% |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.01% |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.01% |
Equity Options Brokerage | Rs 20 per executed order | Rs 20 per lot |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 10 per lot |
Currency Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per lot |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.01% |
Commodity Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 per lot |
Enquire Zerodha | Enquire Alice Blue |
Minimum Brokerage Charges | 0.03% in Intraday and F&O | Rs 0 |
Other Brokerage Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | |
Call & Trade Charges | Rs 50 per executed order | Rs 20 per executed order |
Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).
Zerodha | Alice Blue | |
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Equity Delivery | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) |
Equity Intraday | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) |
Equity Futures | NSE Rs 200 per Cr (0.002%) | NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side) |
Equity Options | NSE Rs 5300 per Cr (0.053%) (on premium) | NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) | NSE Rs 135 per Cr (0.00135%) |
Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 4400 per Cr (0.044%) (on premium) |
Commodity | Group A - Rs 260 per Cr (0.0026%) | Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%) |
Enquire Zerodha | Enquire Alice Blue |
Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Alice Blue margin for intraday cash is Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x.
Zerodha | Alice Blue | |
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Equity Delivery | 1x (no margin) | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Intraday | Up to 20x (based on the stock) | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Equity Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
Currency Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Currency Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
Commodity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Commodity Options | ||
Enquire Zerodha | Enquire Alice Blue |
The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.
Zerodha | Alice Blue | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | Kite Web, Kite Mobile for Android/iOS and Coin | Front End: ANT | Back End: Omnesys NEST |
Intraday Square-off Time | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity: 3:15PM |
Other Features | Direct Mutual Funds, APIs for Algo Trading | |
Referral Program | ![]() |
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Enquire Zerodha | Enquire Alice Blue |
Zerodha is rated 3.7 of 5 based on 416 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 31 customer reviews.
Zerodha | Alice Blue | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire Zerodha | Enquire Alice Blue |
Zerodha | Alice Blue | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you. |
Free Equity Delivery TradeGet free equity delivery trading (truly no brokerage) and pay flat Rs 20 intranet and F&O trade brokerage. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you. |
Enquire Zerodha | Enquire Alice Blue |
Alice Blue is a SEBI Registered discount broker based out of Bangalore, incorporated in 2006. Zerodha is also a SEBI Registered discount broker based out of Bangalore, incorporated in 2010. Zerodha offers only online broking services at a low cost, whereas Alice Blue offers online and offline broking services to its clients.
Read Alice Blue vs Zerodha for a detailed comparison between Zerodha and Alice Blue.
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